Kesoram Industries, the flagship of the Basant Kumar Birla group, may exit its tyre business or offload a majority stake in it to lift a debt mountain off its back. The company has set up a core committee of directors…
Category: Industry News
Dow Chemical to buiild world-scale ethylene production facility
On June 30, The Dow Chemical Company will begin construction of its previously announced world-scale ethylene production facility, representing a prominent milestone in delivering on its strategy to invest in its performance-based portfolio of technology-enabled businesses. This significant investment in…
Rubber fibres from Guayule plant an alternative source of natural rubber
The world’s demand for natural rubber is increasing, and many are concerned that the rubber tree (a.k.a. the Hevea tree) won’t be able to keep up. It’s only grown in a relatively thin strip around the equator in jungle-like locations…
Bridgestone announces debut in agri tyre market
Bridgestone used the Cereals Event to announce its entry into the agricultural tyre market. Previously, the company has been represented in agriculture by its sister brand Firestone, which it says has taken care of the high volume market and will…
Goodyear Dunlop gains winter tyres demand from UK police forces
The summer has arrived and we’ve been enjoying some lovely weather recently, so it might not seem like the best time to be mentioning winter tyres, but for fleet managers and businesses which rely on keeping their vehicles mobile whatever…
US silica sand supplier company raise prices of silica products
U.S. Silica Holdings, Inc. said that its Industrial and Specialty Products business is increasing prices for the majority of its non-contracted ground and fine ground silica sand products used primarily in paints, coatings, elastomers, chemical, building products and other applications,…
Conti refines eContact tyre to meet needs of hybrid models
Leading tyre manufacturer Continental has taken the Conti.eContact, originally launched in 2011 with electric vehicles in mind, and refined it to meet the needs of hybrid models.2803db6f-916c-46be-9d21-5d6cd3f1e029 Continental’s in-house studies point to a growing market for hybrids in the future,…
Indian carbon black producer builds facility in Egypt
“India’s biggest producer of raw carbon black, RP-Sanjiv Goenka Group plans to build a $170 million carbon black plant in Alexandria, according to a board member at the Egyptian Indian Polyester Company (EIPC). “The project will be located at Borg…
Apollo shares more details on company’s new plant
Earlier this year, Apollo Tyres Ltd. announced it was going to build a greenfield plant in Eastern Europe. At the global launch of two Vredestein tires in Edinburgh, Scotland, on June 23, company executives shared more details with the media…
Hankook joins Singapore-based organization
Hankook Tire Co. Ltd. has joined the International Rubber Study Group’s (IRSG) Panel of Associates. Singapore-based IRSG, according to its website, is an inter-governmental organization “composed of rubber-producing and -consuming stakeholders.” The organization was established in 1944. Hankook was established…